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Economics at the University of Chicago

Starting points on the history of economics at UChicago

The Chicago School of Economics

The Chicago School of Economics generally refers to the school of economic thought developed at the University of Chicago in the 1940's and 50's. It is primarily known for its emphasis on neoclassical price theory and the belief that free markets are more efficient than government regulation.  Milton Friedman and George Stigler are the probably the most well known of this group, but many point to Frank Knight, Henry Simons and Jacob Viner as being as just as influential during the 1930's.

Two articles from The New Palgrave Dictionary of Economics are good starting points for learning more.

This article from 2018 has a longer narrative and an extensive bibliography

Douglas A. Irwin; "The Midway and Beyond: Recent Work on Economics at Chicago." History of Political Economy  December 2018; 50 (4): 735–775

Books on the Chicago School

Economics at Chicago has been the topic of a great deal of research. This is a selection of books for further study.

The Palgrave Companion is a particularly good place to learn more about individual economists who aren't the topic of book-length biographies.